GST on permanent transfer of intellectual property now taxable at the prescribed rate following schedule reclassification. The entry places the permanent transfer of Intellectual Property (IP) right in Schedule II as a taxable supply of goods and applies GST at 18% to such transfers with effect from 22-09-2025, implemented by Notification No. 9/2025-Integrated Tax (Rate) dated 17-09-2025.
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Provisions expressly mentioned in the judgment/order text.
GST on permanent transfer of intellectual property now taxable at the prescribed rate following schedule reclassification.
The entry places the permanent transfer of Intellectual Property (IP) right in Schedule II as a taxable supply of goods and applies GST at 18% to such transfers with effect from 22-09-2025, implemented by Notification No. 9/2025-Integrated Tax (Rate) dated 17-09-2025.
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